360 ONE WAM is a wealth and asset manager serving UHNIs, HNIs and institutional clients across wealth management, asset management and capital markets, with FY25 annual recurring revenue at 69.6% of total operating revenue. This quarter's print will speak to whether record industry SIP flows kept the AUM engine running through a sharp market correction, and whether cost lines are settling as new initiatives and acquisitions mature.
| Results date | October 15, 2026 |
|---|---|
| Quarter | Q2 FY 2026-2027 |
| Previous quarter revenue | Rs. 1,226.09 Cr |
| Previous quarter PAT | Rs. 330.53 Cr |
| Market cap | Rs. 42,749.41 Cr |
| CMP | Rs. 1,048.0 |
The Board was scheduled to meet on October 15, 2026 to approve Q2/H1 FY27 results and consider a second interim dividend for FY2026-27.
An earnings call was scheduled for 17:30-18:30 IST on October 15, 2026, the same day as the Board meeting.
The Q2 print will test whether strong net flows could offset a sharp market correction, with the Nifty 50 falling over 7% through the quarter — including a 6.1% drop in September, the steepest monthly fall since March — to near 22,400 by end-September. The flow engine looks intact: mutual fund SIP contributions hit a record Rs. 32,297 Cr in August, equity funds logged their 66th consecutive month of net inflows at Rs. 29,329 Cr, and 360 ONE entered the quarter with ARR AUM of Rs. 3,42,035 Cr and ARR net flows of Rs. 10,815 Cr in Q1 FY27, against management's open-ended guidance of 10-12% annual net flows. The mark-to-market component is the swing factor — total AUM growth for Q2 may trail the 22-24% YoY guidance when measured against the prior year's Q2 AUM of Rs. 6,71,625 Cr, while ARR AUM, which strips out market moves, should stay on a stronger trajectory. On costs, Q1 FY27 employee benefits of Rs. 326 Cr ran at roughly 26.6% of revenue and finance costs of Rs. 354 Cr were elevated versus Rs. 312 Cr in Q4 FY26, with management having guided that employee costs-to-income would settle as new initiatives and incoming teams become more productive. The B&K integration, reported complete in Q2 FY26, carries a synergy target of a 25-30% increase in HNI equity brokerage over the next 12 months, supported by NSE cash average daily turnover up 18.4% YoY in August. The call is also expected to cover the Rs. 336.14 Cr income tax demand under appeal, the CEO transition effective February 15, 2027, and the Board's consideration of a second interim dividend for FY2026-27.
AUM growth, ARR trajectory and net flows: The core question is whether net flows compensated for negative market returns in the quarter.
B&K synergies and brokerage revenue
ET Money monetisation and asset-management fund launches
Income tax demand, leadership transition and dividend
As of Q1 FY27, 360 ONE reported overall AUM of Rs. 7,76,755 Cr, ARR AUM of Rs. 3,42,035 Cr and ARR net flows of Rs. 10,815 Cr. For full FY26, consolidated AUM stood at Rs. 6,74,492 Cr with total net flows of Rs. 55,875 Cr.
Management has guided for 22-24% YoY AUM growth for FY26/FY27 with annual net flows of 10-12% of closing AUM as open-ended guidance. Q1 FY27 ARR AUM of Rs. 3,42,035 Cr and ARR net flows of Rs. 10,815 Cr are the latest disclosed data points against that framework.
In Q1 FY27 the company disclosed an income tax demand of Rs. 336.14 Cr on the company and one subsidiary, relating to deductions claimed in earlier assessment years. An appeal has been filed and the amount is treated as a contingent liability.
Aashish Agarwal was appointed CEO effective February 15, 2027. Karan Bhagat is to continue as MD through July 26, 2030 and become Vice-Chairman & MD from February 15, 2027.
Q1 FY27 revenue from operations of Rs. 1,226.09 Cr was higher than Q4 FY26's Rs. 1,169.71 Cr, with profit before tax of Rs. 423.51 Cr also above the prior quarter. Management's medium-term ambition is 16-18% annual revenue growth alongside 22-24% AUM and profit growth.